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Month: September 2015

AICPA Weighs In On Proposal To Allow IRS Authority To License Tax Preparers

Kelly Phillips ErbSeptember 15, 2015

Today, the American Institute of CPAs (AICPA) sent a letter (downloads as a pdf) to the Senate Finance Committee reacting to a proposal which would

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Marketplace Health Insurance Funded By Tax Credits In Most States: How About Yours?

Kelly Phillips ErbSeptember 15, 2015

Nearly 10 million Americans signed up for health insurance through the Marketplace exchanges in 2015, according to data released this month by the Centers for

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Treasury Secretary Lew Warns Again On Debt Ceiling: What You Need To Know

Kelly Phillips ErbSeptember 14, 2015

I am writing to provide an update regarding the Treasury Department’s ability to continue to finance the government, the extraordinary measures we have undertaken to

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Congress May Give IRS Authority To License Tax Preparers

Kelly Phillips ErbSeptember 14, 2015

Last year, Internal Revenue Service (IRS) Commissioner John Koskinen announced the Annual Filing Season Program, a voluntary and temporary program intended to fill the holes

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Making It Rain: Alabama Considers Porn Tax On Strip Clubs, Magazines & More

Kelly Phillips ErbSeptember 11, 2015

Raise taxes or else. Those were the marching orders issued to the Alabama House of Representatives from Gov. Robert Bentley (R) earlier this year. Specifically,

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The Post I Swore I Wouldn’t Write 2015

Kelly Phillips ErbSeptember 11, 2015December 27, 2019

It rained a lot on yesterday: big, dramatic stormy weather. The skies were gray and dreary and it was hard to see through the thick

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Over 2,000 Businesses Send Letter To Congress Demanding Attention To Tax Extenders Bill

Kelly Phillips ErbSeptember 10, 2015

Last year, the Senate waited until just over two weeks left in the calendar year to pass a bill that extended certain tax provisions through

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Another FC Barcelona Star Could Face Tax Evasion Charges Despite Paying Up

Kelly Phillips ErbSeptember 10, 2015July 31, 2020

Superstar-laden FC Barcelona might be among the top teams in the Spanish Liga BBVA this season but the team is making news – again – for

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IRS To Refuse Checks Greater Than $100 Million Beginning In 2016

Kelly Phillips ErbSeptember 8, 2015

Owe $100 million or more to the Internal Revenue Service (IRS)? Better write that check now. The latest edition of the Internal Revenue Bulletin, Bulletin

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Mega-Mansion Attracts Notice By Feds, Results In Criminal Charges

Kelly Phillips ErbSeptember 6, 2015

11 bedrooms. 14 full baths. 5 half baths. 13 fireplaces. 32,400 square feet. A home of that size, thought to be the largest in Pennsylvania,

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